Saturday, December 31, 2011

Question about exemptions to a chapter 7 bankruptcy?

All debts other than student loans are able to be discharged through bankruptcy. You will have to make sure that you have made a claim against her ets. Since you have a judgment, you should be one of the higher priority claimants on her ets (just behind the secured creditors that have the first priority claim on the specific et used as collateral). hopefully she has enough in ets that are not being used in collateral to pay your claim. Good luck.

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